I am aware that if I purchase an investment for my two minor children then I am personally liable for any tax that may be due on income from the investments until they reach the age of 18
Over the past few years I have however regularly purchased Premium bonds for them and they occasionally receive a cheque for a win from the 1.4% prize money the government allocates to Premium bonds.
Do I have to declare these occasional winnings on my self-assessment?
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